Geographical Outreach: Key Indicators Commercial Bank Branches Per 100,000 Adults for Cote d'Ivoire
CIVFCBODCANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.20
Year-over-Year Change
-0.09%
Date Range
1/1/2004 - 1/1/2022
Summary
This economic trend measures the number of commercial bank branches per 100,000 adults in Cote d'Ivoire, providing insights into the geographic accessibility of financial services.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 'Geographical Outreach: Key Indicators Commercial Bank Branches Per 100,000 Adults for Cote d'Ivoire' metric indicates the physical presence and distribution of financial institutions across the population, which is a key factor in financial inclusion and economic development.
Methodology
The data is collected and calculated by the World Bank based on information provided by national central banks and statistical agencies.
Historical Context
Policymakers and financial institutions use this indicator to assess the progress of financial sector development and access to banking services.
Key Facts
- Cote d'Ivoire had 4.71 commercial bank branches per 100,000 adults in 2020.
- The number of branches has increased from 3.47 per 100,000 adults in 2010.
- Expanding branch networks is a key policy goal to improve financial inclusion.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of commercial bank branches per 100,000 adults in Cote d'Ivoire, providing insights into the geographic accessibility of financial services.
Q: Why is this trend relevant for users or analysts?
A: This indicator is relevant for assessing financial sector development and access to banking services, which are important factors for economic growth and financial inclusion.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on information provided by national central banks and statistical agencies.
Q: How is this trend used in economic policy?
A: Policymakers and financial institutions use this indicator to monitor progress in expanding banking infrastructure and improving access to financial services.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be some delays in reporting from national sources.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators Commercial Bank Branches Per 100,000 Adults for Cote d'Ivoire (CIVFCBODCANUM), retrieved from FRED.